No sign on property. 6705, 6707, 6709 Fair Ave is a DUPLEX w/ an ADU built in the main house. 6705 is the rear 2 bedrooms en-suite; 6709 is the front one bedroom; 6707 is the garage. This property was fully renovated in 2017 & 2018 w/ quality materials: 3 remodeled baths & kitchens, SS appliances still under warranty, quartz counters, tankless water heater, split A/C-heaters units, a beautiful landscaped lot w/ water conservation in mind, 18 fruit trees, new electrical w 3 new electrical panels, new plumbing, etc. Check detailed list on remodel in attached supplemental information. COO received in 2018. This property is ideal for both owner occupiers & investors! Live in one unit & rent the other as this seller who is living in the rear unit, renting the front unit as short term rentals with AIRBNB. The converted garage was existing & not permitted when the seller took occupancy, garage door still in place but dry walled. It is currently rented & can be delivered w/ current tenant or vacant at CoE. Seller current rental income from renting the units for 01/01 through 10/12 2019 has a cap rate of 7% with a gross income for 9.5 months of $59,911! Note that seller receives this income and also leaves in one unit at the property. So many options! Front unit furniture is available for sale at an additional cost. Sleek & modern stunning property located less than 3 mi from the heart of NoHo Arts District & less than 2 mi from the future home of NoHo West, an enormous mixed-use development project poised to take NOHO to a whole new level! Seller requests a 45 days rent back. Buyer to do his investigations with the City. Call agent for financial info and other financials. Do not disturb tenants. Call to schedule private showings. FIRST OPEN HOUSE SUNDAY NOVEMBER 3RD: 2PM - 5 PM
